Major Hollywood Studio Offering US Workers ‘Voluntary Severance’ and Early Retirement After AI Deal Announced: Report
Regardless of how connected the matters actually are, critics of artificial intelligence are going to have a field day with this one.
According to a Monday report from Deadline, major Hollywood heavyweight Lionsgate Studios is offering its U.S.-based employees “voluntary severance” and early retirement options as the company continues to restructure amid a turbulent industry landscape.
Deadline obtained a memo from Lionsgate CEO Jon Feltheimer, confirming the news.
“We are offering Lionsgate U.S.-based employees a voluntary severance and early retirement program that will allow us to adapt our workforce to the disrupted business environment,” Feltheimer wrote in the memo.
As to just how “voluntary” these severance options are, Deadline noted,
